data as of
Settings8H · net · $10k
Price arb /

ZRO

all ZRO markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.068%7d average+0.007%fees + slippage, in and out−$22spread needed0.223%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.17110.0100pay 0.0050% / 4h2h 31m$17.8M$3.9M125x
ShortBackpack ZRO_USDC_PERP1.1719−0.0321pay 0.0040% / 1h31m 41s$92K$202K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$6.83
Funding while held
−$12.62
Slippage, 4 orders
−$12.28
Fee MEXC: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$28.07
Spread needed to break even
0.223%
Slippage from MEXC: live order book, 3 min ago; Backpack: live order book, 8 min ago.

Cost of waiting

funding view
Funding /8h
−0.0421%
Per $10,000 a day
$12.62
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.43 bp4.9 bp −$532.9 bp −$32972.9 bp −$7,291460.6 bp −$230.3K
Sell Backpack live order book, 8 min ago0.43 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit

ZRO price on every exchange

against the cheapest. Click to use as the short leg.

ZRO on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ZRO−0.270%+0.0100%4h$2.2M$894Kas long as short
Nado ZRO-PERP−0.165%+0.0282%1h$1.3M$134K5xas long as short
Aevo ZRO-PERP−0.129%+0.0104%1h$21K3xas long as short
01 Exchange ZROUSD−0.117%+0.0096%1h$7K$3K5xas long as short
Bybit ZROUSDT−0.111%+0.0100%4h$18.1M$17.7M50xas long as short
OKX ZRO-USDT-SWAP−0.111%+0.0100%4h$3.2M$8.0M20xas long as short
Kraken Futures PF_ZROUSD−0.069%+0.0098%1h$258K$574K25xas long as short
KuCoin ZROUSDTM−0.068%+0.0100%4h$2.5M$1.6M50xas long as short
Bitget ZROUSDT−0.068%+0.0100%4h$2.7M$2.8M75xas long as short
Polymarket Perps ZRO-USD−0.068%+0.0100%1h$78K$900K5xas long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_ZRO_USDC−0.060%+0.0002%4h$20K$7K10xas long as short
Extended ZRO-USD−0.060%+0.0392%1h$777K$535K10xas long as short
Binance ZROUSDT−0.048%+0.0100%4h$22.5M$35.1M75xas long as short
Pacifica ZRO−0.048%+0.0100%1h$141K$222K5xas long as short
Gate ZRO_USDT−0.009%+0.0100%4h$1.3M$2.2M75xas long as short
BingX ZRO-USDT−0.009%+0.0100%4h$9.0Mas long as short
MEXC ZRO_USDTlong0.000%+0.0100%4h$17.8M$3.9M125x
dYdX ZRO-USD+0.067%+0.0005%1h$21K$2K5xas long as short
Backpack ZRO_USDC_PERPshort+0.068%−0.0321%1h$92K$202K20x
GMX ZRO/USD [ETH-USDC]+0.073%L +0.0282% / S −0.2124%1h$3K100xas long as short
Hyperliquid ZRO+0.084%+0.0100%1h$38.2M$7.9M5xas long as short
Aster ZROUSDT+0.110%+0.0100%4h$156K$157K10xas long as short
Lighter ZRO+0.155%+0.0488%1h$4.7M$1.3M5xas long as short
BloFin ZRO-USDT+0.213%+0.0103%4h$1.1M$274K75xas long as short
ApeX Omni ZROUSDT+0.418%+0.0100%1h$37K$681K50xas long as short
Injective ZRO/USDC PERP+0.760%+0.1291%1h$12K$122K12xas long as short